I work at a private university and we had layoffs 2 weeks before Christmas. They got rid of about 80-100 people. 2 people from my department left and I had to pick up a whole new role. I got a $0.22 raise. I’m sick of these companies,
@@sg5720Hospitals don’t pay well. I used to work at a government hospital. I worked 40+ hours a week as a Massage Therapist. I made more working 15-20 hours a week in the private sector! Never again!
It was no scam before. You used to save and do something later of ur own. That's how most ppl do it. The only scam now is these big companies, Im completely comfortable at my WFH job, I save money more than 50 percent of my income, and I live pretty comfortably, the real scam is not working at all, unless you have rich families which 90 percent of us dont.
@@tianamiller9398 This has always existed and will always exist regardless of who anyone votes for. The candidates who paint themselves as opponents are actually on the same side and don't care about anyone, it just creates division and distractions in society. Every four years there's a circus and all the 🤡s line up to jump through blue and red hoops just get burned.
I like how now that the tech workers or “skilled” workers are being affected by layoffs suddenly everyone has a critical nuanced view of workers rights 😂 when the essential workers or low skilled workers complained they were told to shut up and that they would be automated away now ironically the low skilled positions are desperately hiring and the sTeM workers are being automated. Stranger than fiction, hopefully this ignites a new interest in workers rights not just for the tech workers but all workers.
Yep I agree! I was in tech left for a while, got a regular gig. I have to budget accordingly and that’s great. We’re all gonna feel it one way or another 😢
Yup. They all said, “GET A REAL JOB!” Welp 😂😂 your real job is replacing you with a robot. Is it still real even though it’s not real to you anymore?? 😂
RUclips must be deleting my replies, cause I made on this post... Honestly, I dont feel bad for them. This is their karma for dumping all over every other profession, and telling folks "learn to code." This had to happen in order for people to awaken, and come to terms with the reality of a lot of sitatuons right now. Unfortunately, people dont seem to develop empathy without suffering. A lot of folks are about to be humbled.
What if people lost this class distinction and decided to fight as human beings rather than holdover archetypes from when people like marx were still alive
@shizz_93 becuase people love competition to feel superior. It's a sick mindset of who is better, so no one cares about others suffering. It's all about power.
They were loud in telling everyone to go into tech and if you didnt have a STEM degree, it was useless. Meanwhile, they are getting laid off every 3 months. Smh. And I say that as someone with a tech-ish related job. If you need stability, this isnt good. The trades are still solid and stable.
Sorry but i didn't go to engineering school to work hard labor in trades. Im in construction as well. Larger companies tend to be more stable. I don't know why people run to startup with such instability.
Truthfully, I think you’re spot on. For years the world pushed the kids into STEM. Now those kids are grown and the world is saturated with the same degrees, rendering them worth less…not worthless but just worth a little less than they were 20 years ago when they were rare.
At 20+ years old my grandson finished H-vac refrigeration school. Took him 1 week to get hired at a company. He's 22 now no student dept, and making $62,000 as an installer apprentice. Best part is that he enjoys going to work. He can go anywhere to live now, he's trade has a huge demand. I beleave he choose wisely.
The trades are COMPARATIVELY stable FOR NOW. There is nothing preventing them from having to deal with the same sudden glut that tech workers experiencing except for the fact that they tend to be more unionized on average. But telling people in financial difficulty that they should have just been a plumber or a welder as if you predicted how terrible the job market was going to be is worse than saying nothing at this point. If that's your recommendation, just please seriously shut it.
@@GIUL7301 Yes! I did HVAC in the military, bought into the Tech dream that everyone including mother in law fed me, and now see that tech isn't as safe as everyone is making it out to be. If people can tough out the crap stuff at first, if they are able to, they can upgrade to a niche part of certain areas and actually make great money. HVAC residential to now commercial and industrial and controls. It can happen.
I remember back in 2004 in college a professional speaker who graduated from Duke university came to my class and told us teenagers str8 up the days of working one job and retiring are over. Unless , you make millions of dollars a year and don’t spend a ton of money , there is no room to be “ secure “ in any job. Most companies especially large corporation don’t care about worker bees . Folks need to stop with being shock they got laid off and be prepared.
Thank you! People be expecting that companies will keep you because you work hard. They should have seen that from the recession in 2008. Companies will take care of themselves before worrying about a worker.
Ok but like people expect their jobs to at least be secure so they can live. It's kinda rude to scoff at people for not anticipating losing their jobs. Maybe they didn't get that lesson till later in life. Some people get the opposite talk of hard work meaning success, security, a brighter future, etc. I definitely did
On the topic of companies needing to hire technicians and repairmen for AI / labor robots: My store opened *two years ago.* All of the technology is brand new. And it's breaking. And nobody is fixing it. I don't have a lot of faith that there will be a lot of repairmen, I am sure they're going to underhire those too, once they figure out how much they can go without.
It means the world doesn’t need as many workers as used to. People should think carefully before having children, be prepared what future world they will be brought to.
The world is pretending it doesn't need workers. The issue with white collar work is that many people are just not good at it, but we keep forcing everyone into it. So yeah, that particular person in that particular job is not needed; but another person would excel in it IF GIVEN A CHANCE.
But the world DOES need workers. ESPECIALLY in things like social work, healthcare, teaching, as so much more! A lot of corporations DON'T want to pay people a LIVING WAGE. And many places on the US are no longer public, they are privatized so a large corporation owns them. Also, many businesses are now owned by investment corporations who do all sorts of shady shit to keep their INVESTMENT making money. Doesn't matter that they are major companies that own most of the housing and making people homeless due to rising rent, keeping houses empty for investment and people cannot purchase them, or hospitals for profit that have horrible nurse/patient ratios and high death rates due to cost cutting. It's a bunch of shitty corruption, for profit, no give a shit about regular people in general. Politicians are in the back pockets of businesses, or too stupid to care or do anything about it. George Carlin was pretty prophetic about it YEARS ago and tried to warn us.
Lost my job in January still can’t find one and I just moved to a new place with my 3 year old. My manager waited EXACTLY for my 2 months probation knowing I just got a car for the job because mine blew up and she fired me to save her ass from the higher ups🤷🏾♀️
People need to understand that when they do malicious things, it will catch up to them at the worst possible time. She will pay for what she did to you.
So she was supposed to get fired and not have her bills paid to save you? That’s not how it works. People are going to save their own asses and take care of their families first as they should.. completely natural. It’s always been and always will be survival of the fittest, and none of us are immune or safe even only a business things can go south, but there is more insulation and control.. you would not have your family starve so somebody else’s family can eat. If you do, that wouldn’t make you a good provider or leader of your family.
I worked as a Business travel consultant for the past 5 years and I was just laid off Oct-2023 and since then I have applied for more than 600 jobs but yet no luck have only been surviving on my savings and my investment’s back in Nigeria. Guys it’s not funny out there now hold your jobs tight and you all start investing in something.
Actually, labor has really high rates of layoffs, but it's a feature of the work that they do not a bug. People work contract to contract which means YES you will be unemployed but it's considered normal and not a source of shame.
@@FlutterMouse You missed the point. With these skills, your options to either work for a company or yourself greatly improve your chances of making a good living!
Walk with Jesus! During these times, you need to draw nearer to the Lord and depend on him! You cannot depend on our government, friends, family etc. trust in Jesus, pray and repent. He will supply all your needs, and the corrupt ones will suffer. God bless you all.
We are in a recession Doesnt matter if youre in tech or not. Youre gonna get laid off. Im in tech and its not AI. Its the fact that interest rates are high, business loans and benefits are now incredibly spendy. Companies are budget cutting. Tech expanded the most for covid, theyre cutting first. Healthcare has also started to cut. Amazon, of course is cutting. They sell products no one is buying. I switched into defense and im killing it because its very stable.
I got laid off about 5 weeks before Christmas. Still haven’t found another full time job. There are jobs available but the ones readily available means I’ll have to take an almost $7-$8 pay cut
You take the any job offered, work hard, and look for another job. I was out of work for almost a year and a half. I was working 30 hours a week doing night stock at a supermarket for 9.50 an hour. But I got two job offers a month after starting the night stock job.
I took a $5 pay cut. Was unemployed for 7 months. Thank goodness my family is set up to be able to survive off of one income. I took the pay cut. At least I’m helping bulk up our savings until I can find something better.
@@naynaybreenay1396I’m counting dimes, wondering where my next carton of milk is coming from. I didn’t buy groceries last pay, no luxuries, no Netflix, no cable, not even a cheap coffee from a gas station. There is no way to save money for most of us. I have too much medical debt, bills just never stop coming & my rent takes 1 whole paycheck biweekly
HR people actually know about it. They just have to keep it until that day. I wonder if they can sleep well the day before and after laying a bunch of employee.
Theyre cutting hours at work or sending people home earlier but so much work to be done before and after closing which is confusing. Aside from that i am investing and putting my money in HYSA that grows due to higher rates. These are for emergencies and spending money aside from just a typical paycheck to paycheck. It's too damn expensive nowadays. Some family members say why don't you get a higher paying job that has to do with what you 'studied' for. Um...where the hell is that? Because if it's true i want to know but so would the rest of the world.
There is clearly 2 different economies in the US right now. Anyone with a house locked in before 2020 and no student debt and no day care bills is living a completely different reality than let’s say someone who’s 35 who signed a mortgage in like 2018 or so, and dosent have super young kids. I think of my life when I was 20, that was 20 years ago and I don’t think I would have made it. Sucks to be a young person in this country
😂🤣😂 Nahh, people thought it was cute to Quiet Quit. Now these jobs are Loudly Firing. Plus this is a recession. If people weren't so obsessed with TikTok , they would have known, this was gonna happen a year and 3 months ago.
I mean most of the people that quit quit where people that could afford to. Also poverty wages… so the gap in employment didn’t make much of a difference while job hunting.
Besides poverty wages, no more benefits, and the rising cost of living…. corporations are stealing peoples wages for a few CEOs on top and are under-hiring intentionally, so they can overwork smaller teams/workers with ever stagnating wages. Also child labor is legal again in several red-states to…… and American corporations are invested in sweatshop labor overseas. So it’s a whole shit show. But enter in millionaires and billionaires with the “American dream myth” and gaslighting the working-poor.
@@Deeafricanperspective Truth! My retail outlet hasn't been hiring enough people. What happens is you'll show up to your shift and then you're given the work that should belong to other employees. If you're assigned one section of the store? It doesn't matter, you also have to look after 1-3 other sections. 1-3 times as much work; cleanup, go-backs, customer service, but no extra pay and the same hours as usual.
Whew! A lot of employed people are looking too. I got a new job that I began this year starting 1/16 (started looking late October 2023 (accepted 1 of my 3 offers early December 2023)) and quite a few other employed former co-workers were looking last yr around the same time. All of us began new jobs between mid-Dec to early February. edit: it was wild seeing upwards of 500+ applicants per everything I applied to and I think it's 50/50 employed and unemployed folks searching.
Severance is hiding a ton. Over 20,000 layoffs at MSFT and Google are currently on 3-9 month severances. Just wait til September then we'll see the UE numbers go up to 6%.
I worry to loose job all days long for years when once I was into car accident while work trip and they just get rid of me. I have 2 masters and 10 years exp and I couldn’t find a job for 1,5year. Not even cleaning or some at kitchen job. I was devastated, I starved for says. It was on 2017 before pandemic. Since then I worry all the time ! 😮 and try to find a second job as my safety net. I just don’t know when I am going to sleep because I already don’t have life and strength to do anything. I don’t have a husband nor any family , friends so literally no one to help me in case of layoff
I dont enjoy CNBC's coverage of economic stuff. It always feels like theyre tiptoeing around how it affects average citizens. Pointing out it goes well for tech big wigs and not saying a word about how it will effect the working class rubs me the wrong way
I pretty much just stop listening to them because they only care about the professional jobs and Us blue collar workers are left out. Like bro sorry I didn’t get a fancy degree but I still am a citizen that’s trying to put food on a table
The first one is because the company does not want to have to pay their retirement or pay for their benefits along with the fact that companies are scared and they are holding back and yes they are letting people go they are figuring out that it is more lucrative for them to hire in the form of contract instead of hiring permanent And for what they're paying these people that are tenured they can actually hire 2 or 3 people at half the cost
I know its gonna get worse all the illegal immigrants coming. And they're trying to pass a bill to where they can now buy homes. Which begs the question how can they even make the money to get a home I've been at my job 4 years credit score at the time was 640. I worked with3 companies that came up with bullshit to not approve me for home loans.
The information about illegals can buy a house It’s those that have paid taxes for years and years And if it passes They have to prove to a bank they can pay back their mortgage Read the whole story The truth And it’s not just for illegals who have worked and lived in the USA for decades and paid in taxes just like anyone else does California said They will give 20 percent to help those who have lived and paid taxes for decades to buy a home
"You've done a very good job! Keep it up! But the board had decided that your position is redundant so we have to fire you. Sorry and good luck job-hunting."
Stay away from debt Try to buy a home where one person’s income can pay the mortgage Pay off the mortgage as fast as possible. In the words of the old guy at my tech job “don’t trust the company”
Im so sorry to hear this . I have been in Healthcare IT worked two jobs for the better part of last 4 years. Years ago I was dealing with a finicky employer. All my friends laughed at me why you work so much I was working two jobs. You will never be secure but continue to do your best . I had much advanced degrees but learned a blue collar trade just in case . All you have is you . Learn accounting, machinist, electrician cert, scrub tech etc. it's hard you will be exhausted but you are in a better position
Telling people to have two jobs and learn a third skill is not sustainable or helpful advice for an entire economy. It's a measure of the economy's failure.
@@matthewcaldwell8100 And what solutions or suggestions did you provide. I didn't see anything in your response. We do what we must . I never said it was long term.
I was laid off at the end of June. I filled out numerous applications. Interviews that went no where after taking them and going through the hassle of them. Finally, a job took a chance on me a whole month later.
Imagine waiting on God to act and to pay your bills....imagine... because an active imagination is the kind of mentality you have to have to keep yourself in such an insecure financial downward spiral.
Did it ever occur to you that he may not have wanted anything to do with them; he could be a terrible person; he could be dead, etc. People like you who think having a man is the answer is soo annoying. You should be asking where is her support system? Does she have any family or friends to help her out?
@@arain764niarabut her family and friends didn’t knock her up… It’s normal to ask where the child’s father is. She didn’t need her support system to get pregnant. It’s not judging. She just asked an important question.
@@iamme7664 She ended with smarten up. It is most definitely judgement. My mom adopted 4 kids in our family and it took all of us to help. Maybe its my generation but we do it for the kids.
What is she's divorced or widowed or he's a deadbeat? No level of smart can save you from a man who ain't there. It's better to tell women to have multiple streams of income instead. Because life be lifing.
GenX here, you take what you can get to survive. That means doing things you never thought you would be doing such as working at a gas station or factory, even after all those master degrees and college you went through. Can’t be picky. You’ll be homeless and hungry.
I think a lot of jobs are afraid to higher ppl with degrees because the degree was used as an argument to get higher wages. And owners have the privilege of deciding wages, if they dont want to entertain someone who wants to ask for a wage increase. And on top of that they'll waste your time, energy, and gas money just to call you to an interview they have no intention of hiring for
Layoffs are tough on everyone. The lady right around 3 minutes in, sounds like her leadership was suddenly put in a tough position within hours of praising her. You were lumped into a savings cost adjustment for the company, and even if you ARE valuable and great - they cannot change what someone above them has decided. Its really tough to see that and see her so hurt by something completely out of her leaderships control. (Of course this is just speculation and an opinion)
For the first video, genuine question: how does finding a new job help if we don’t know who’s going to do the layoffs? If you leave a job that may not being doing layoffs for a job that shuts its doors the next day, that would suck! I think the safer bet would be to keep an updated resume and always keep a second side hustle. Not having your eggs all in one basket
Even those jobs are hard to get now. And if you do get one, there’s a good chance you’ll have unpredictable hours, and certainly won’t be able to pay bills.
No that was during the pandemic. Right now McDonald’s, Starbucks, Pizza Hut all are reporting massive downturn in sales. McDonald’s expressed concern low income households cannot even afford a cheap burger. They are all going to lay off thousands of workers & close hundreds of stores. Even Dollar Tree is going bankrupt. Macys, multitude of clothing stores. No one has disposable income anymore. This has all been reported in the mainstream media over the last 6 months
Fed Ex and UPS knew Christmas is their steak, potatoes bread and butter. They said whatever to get their workers back to work. Once Christmas deliveries ended they layoff 10% of the force then another 5%. When engineers, I.T techs and white collar jobs are layoff without notice. Its bad. Now Walmart, Target and other corporations we are not asking for degrees to hire people which mean we want to pay you $15-25 whether you have a GED or a Bachelor degree. Jobs are crunching down on employees worki g second or three jobs. They want you to do the work of two jobs but wont increase your salary or bonus.
I'm getting really tired of people using economic volatility as a reason to plug their crappy grindset courses or lecture you about not having several other jobs already. It's like a woman explaining why she needed to be hit because she's so clumsy, just the rationalization of appalling treatment.
@@misspriss2482 then the company you work for is cheap. My husband is a truck driver for a concrete company out here in Colorado. They hired 3 people when they hired him last year in October and since then he has received 2 raises already.
Facts. I work in restaurant management and my income has been rising nonstop since 2020. Tech bubble is over, AI is here, ppl need to find real jobs that require humans.
@@user-mb8rf7qk5q the problem with that is that the majority of men these days are betas, and they don’t like working with their hands anymore. They just want to sit on their ass all day.
It is supply and demand. If everyone starts going in to the trades, then the same will happen in the trades. Right now people are not looking at trades so things are good for the blue collars.
I’m quit sure you will find my roommate with a 4 year degree doing phone work she calling restaurants companies to pay their pest control bill sit home all day she has gotten so lazy she doesn’t bath plus she has a drinking problem yes I put up with it she pays her rent.
Seriously, just shut up. I am so tired of people shrugging and saying "trades" as if they are any less fucked in the long term by an employment paradigm that considers worker abuse the norm.
@@matthewcaldwell8100 if I'm sharing advice it's cause it's to help people so don't tell me to shut up cause the difference with the trades is it doesn't get you into debt and if you are smart enough you can run your own business by yourself.. by the way you sound miserable and broke also you sound like you can't do anything for yourself..
Tech industry don’t complain. Especially software developers. You created the software so don’t whine about it now. You literally programmed yourselves out of a job.
@@MercedesAshleyOnlineI’m a software developer. This isnt really how it works 😂. Most software that is developed has absolutely nothing to do with AI. Be respectful these are people lives you’re talking about
Also remember that these same tech workers would scoff at the lesser skilled essential workers and boasted about how they would be automated. Told them to get better skills or a stem degree and didn’t care about workers rights since a lot of them were making good money. Suddenly now that there’s layoffs the narrative has shifted.
I work at a private university and we had layoffs 2 weeks before Christmas. They got rid of about 80-100 people. 2 people from my department left and I had to pick up a whole new role. I got a $0.22 raise. I’m sick of these companies,
🫣my jaw dropped at the 22 cent raise😮 that’s crazyyyy
Healthcare is offering 30 cents- hence all the strikes and bad healthcare. 🤷🏽♀️😞
@@sg5720Hospitals don’t pay well. I used to work at a government hospital. I worked 40+ hours a week as a Massage Therapist. I made more working 15-20 hours a week in the private sector! Never again!
Then they get confused on why work isn’t getting done. It’s ridiculous
Wow!
I feel sorry for everyone who trusted and fell for the workforce scam. The Matrix is falling.
What workforce scam?
It was no scam before. You used to save and do something later of ur own. That's how most ppl do it. The only scam now is these big companies, Im completely comfortable at my WFH job, I save money more than 50 percent of my income, and I live pretty comfortably, the real scam is not working at all, unless you have rich families which 90 percent of us dont.
@@justv7370 Are you ok?
This what everyone voted for so not surprised
@@tianamiller9398 This has always existed and will always exist regardless of who anyone votes for. The candidates who paint themselves as opponents are actually on the same side and don't care about anyone, it just creates division and distractions in society. Every four years there's a circus and all the 🤡s line up to jump through blue and red hoops just get burned.
Exactly why I don’t give a 2 week notice.
Especially when you don’t give a fuck about a recommendation
I started my own small business going on 3 years now. That was the best choice I could have made financially!!
I work in HR and was laid off and unemployed for 9 months! I just started working 3 weeks ago
I feel you. Happy you found it I hope you like it and will be ok moving on
@@carolinareaper8089 thank you so much
I was laid off for 7 months. Just landed a job 3 weeks ago also.
This is why you do not owe the corp your loyalty.😒 They are ready to replace or get rid of you at any time.
I like how now that the tech workers or “skilled” workers are being affected by layoffs suddenly everyone has a critical nuanced view of workers rights 😂 when the essential workers or low skilled workers complained they were told to shut up and that they would be automated away now
ironically the low skilled positions are desperately hiring and the sTeM workers are being automated. Stranger than fiction, hopefully this ignites a new interest in workers rights not just for the tech workers but all workers.
Right? NOW they want to care about workers rights, and unionizing. Funny how the tables now turn.
Yep I agree! I was in tech left for a while, got a regular gig. I have to budget accordingly and that’s great. We’re all gonna feel it one way or another 😢
Yup. They all said, “GET A REAL JOB!” Welp 😂😂 your real job is replacing you with a robot. Is it still real even though it’s not real to you anymore?? 😂
RUclips must be deleting my replies, cause I made on this post... Honestly, I dont feel bad for them. This is their karma for dumping all over every other profession, and telling folks "learn to code." This had to happen in order for people to awaken, and come to terms with the reality of a lot of sitatuons right now. Unfortunately, people dont seem to develop empathy without suffering. A lot of folks are about to be humbled.
AI is replacing tech workers and manual workers will be replaced by automation. Both are going. Just lobby for a universal income grant.
Applying for jobs for 4 years with 2 degrees is wild.
Turn to God.
@@7773moses Is She hiring?
*THIS IS WHY CLASS STRUGGLE AND COORDINATED REVOLT AGAINST CAPITALISM IS THE ONLY WAY OUT*
Right. I’m tired of talking about it.
💯 but ppl are so apathetic in America 😞
What if people lost this class distinction and decided to fight as human beings rather than holdover archetypes from when people like marx were still alive
@shizz_93 becuase people love competition to feel superior. It's a sick mindset of who is better, so no one cares about others suffering. It's all about power.
They were loud in telling everyone to go into tech and if you didnt have a STEM degree, it was useless. Meanwhile, they are getting laid off every 3 months. Smh. And I say that as someone with a tech-ish related job. If you need stability, this isnt good. The trades are still solid and stable.
Sorry but i didn't go to engineering school to work hard labor in trades. Im in construction as well. Larger companies tend to be more stable. I don't know why people run to startup with such instability.
Truthfully, I think you’re spot on. For years the world pushed the kids into STEM. Now those kids are grown and the world is saturated with the same degrees, rendering them worth less…not worthless but just worth a little less than they were 20 years ago when they were rare.
At 20+ years old my grandson finished H-vac refrigeration school. Took him 1 week to get hired at a company.
He's 22 now no student dept, and making $62,000 as an installer apprentice.
Best part is that he enjoys going to work.
He can go anywhere to live now, he's trade has a huge demand.
I beleave he choose wisely.
The trades are COMPARATIVELY stable FOR NOW. There is nothing preventing them from having to deal with the same sudden glut that tech workers experiencing except for the fact that they tend to be more unionized on average. But telling people in financial difficulty that they should have just been a plumber or a welder as if you predicted how terrible the job market was going to be is worse than saying nothing at this point. If that's your recommendation, just please seriously shut it.
@@GIUL7301 Yes! I did HVAC in the military, bought into the Tech dream that everyone including mother in law fed me, and now see that tech isn't as safe as everyone is making it out to be. If people can tough out the crap stuff at first, if they are able to, they can upgrade to a niche part of certain areas and actually make great money. HVAC residential to now commercial and industrial and controls. It can happen.
I remember back in 2004 in college a professional speaker who graduated from Duke university came to my class and told us teenagers str8 up the days of working one job and retiring are over. Unless , you make millions of dollars a year and don’t spend a ton of money , there is no room to be “ secure “ in any job. Most companies especially large corporation don’t care about worker bees . Folks need to stop with being shock they got laid off and be prepared.
Thank you! People be expecting that companies will keep you because you work hard. They should have seen that from the recession in 2008. Companies will take care of themselves before worrying about a worker.
Ok but like people expect their jobs to at least be secure so they can live. It's kinda rude to scoff at people for not anticipating losing their jobs. Maybe they didn't get that lesson till later in life. Some people get the opposite talk of hard work meaning success, security, a brighter future, etc. I definitely did
Either join the military or get a federal government job. You might get paid less than the private sector, but you'll have a pension and 401k.
On the topic of companies needing to hire technicians and repairmen for AI / labor robots: My store opened *two years ago.* All of the technology is brand new. And it's breaking. And nobody is fixing it. I don't have a lot of faith that there will be a lot of repairmen, I am sure they're going to underhire those too, once they figure out how much they can go without.
That’s really true
It means the world doesn’t need as many workers as used to. People should think carefully before having children, be prepared what future world they will be brought to.
Taking God out of America made it a shithole. God creates wealth. Wealth doesn’t create itself
Exactly!
The world is pretending it doesn't need workers. The issue with white collar work is that many people are just not good at it, but we keep forcing everyone into it. So yeah, that particular person in that particular job is not needed; but another person would excel in it IF GIVEN A CHANCE.
But the world DOES need workers. ESPECIALLY in things like social work, healthcare, teaching, as so much more! A lot of corporations DON'T want to pay people a LIVING WAGE. And many places on the US are no longer public, they are privatized so a large corporation owns them. Also, many businesses are now owned by investment corporations who do all sorts of shady shit to keep their INVESTMENT making money. Doesn't matter that they are major companies that own most of the housing and making people homeless due to rising rent, keeping houses empty for investment and people cannot purchase them, or hospitals for profit that have horrible nurse/patient ratios and high death rates due to cost cutting. It's a bunch of shitty corruption, for profit, no give a shit about regular people in general. Politicians are in the back pockets of businesses, or too stupid to care or do anything about it. George Carlin was pretty prophetic about it YEARS ago and tried to warn us.
What the hell are you talking about?
When you have a job...just RADICALLY SAVE your money.
Stop spending. Only buy essentials.
Half of these people voted for this, zero sympathy.
Lost my job in January still can’t find one and I just moved to a new place with my 3 year old. My manager waited EXACTLY for my 2 months probation knowing I just got a car for the job because mine blew up and she fired me to save her ass from the higher ups🤷🏾♀️
People need to understand that when they do malicious things, it will catch up to them at the worst possible time. She will pay for what she did to you.
Read some Psalms for your finances
So she was supposed to get fired and not have her bills paid to save you? That’s not how it works. People are going to save their own asses and take care of their families first as they should.. completely natural. It’s always been and always will be survival of the fittest, and none of us are immune or safe even only a business things can go south, but there is more insulation and control.. you would not have your family starve so somebody else’s family can eat. If you do, that wouldn’t make you a good provider or leader of your family.
They fire a girl at my job after she won the ugly sweater game… right before Christmas
They smile in your face knowing you will soon be getting fired laid off
Got layoff 3 times in 4 years …..I’m burnt out
Sorry :/
Damn, what career field are you in?
Construction Supervisior @@TexasMade903
So sorry to hear that
The USA is collapsing
So is the rest of the world 🌎
@@TexasMade903 Foreman In NY/NJ Area .Capital was thrash
I worked as a Business travel consultant for the past 5 years and I was just laid off Oct-2023 and since then I have applied for more than 600 jobs but yet no luck have only been surviving on my savings and my investment’s back in Nigeria. Guys it’s not funny out there now hold your jobs tight and you all start investing in something.
People should realize when you work for someone else you can be let go anytime. They don't owe you anything.
Are their any plumbers, electricians, HVAC or construction workers being laid off? What about you roofers, drywallers and concrete specialists?
Nope but thats not pretty enough. Its labor work.
Never
Actually, labor has really high rates of layoffs, but it's a feature of the work that they do not a bug. People work contract to contract which means YES you will be unemployed but it's considered normal and not a source of shame.
@@FlutterMouse You missed the point. With these skills, your options to either work for a company or yourself greatly improve your chances of making a good living!
The roofing industry didn’t have a good year last year
Walk with Jesus! During these times, you need to draw nearer to the Lord and depend on him! You cannot depend on our government, friends, family etc. trust in Jesus, pray and repent. He will supply all your needs, and the corrupt ones will suffer. God bless you all.
Amen!
Exactly! Amen!
With all due respect, we still have to make money to support ourselves.
@@W.T.F599Not trying to force anything on anyone but I promise you ,if you trust him he'll give you what you need to survive, money included
sure but if you don’t take matter in your own hand, only trusting in the lord isn’t gonna do anything just saying.
I was laid off this past January the 31th. This situation is F**up!!
We are in a recession
Doesnt matter if youre in tech or not. Youre gonna get laid off. Im in tech and its not AI. Its the fact that interest rates are high, business loans and benefits are now incredibly spendy. Companies are budget cutting. Tech expanded the most for covid, theyre cutting first. Healthcare has also started to cut. Amazon, of course is cutting. They sell products no one is buying.
I switched into defense and im killing it because its very stable.
The lady is absolutely just leaving it to faith
I got laid off about 5 weeks before Christmas. Still haven’t found another full time job. There are jobs available but the ones readily available means I’ll have to take an almost $7-$8 pay cut
You take the any job offered, work hard, and look for another job. I was out of work for almost a year and a half. I was working 30 hours a week doing night stock at a supermarket for 9.50 an hour. But I got two job offers a month after starting the night stock job.
I took a $5 pay cut. Was unemployed for 7 months. Thank goodness my family is set up to be able to survive off of one income. I took the pay cut. At least I’m helping bulk up our savings until I can find something better.
So how important is it to have a 3 to 6 months of emergency funds set aside to prepare for the event of a job loss.
I guess you’ll be able to at least buy food to live longer
It's looking like we need 6+ months of emergency funds now.
@@naynaybreenay1396I’m counting dimes, wondering where my next carton of milk is coming from. I didn’t buy groceries last pay, no luxuries, no Netflix, no cable, not even a cheap coffee from a gas station. There is no way to save money for most of us. I have too much medical debt, bills just never stop coming & my rent takes 1 whole paycheck biweekly
HR people actually know about it. They just have to keep it until that day.
I wonder if they can sleep well the day before and after laying a bunch of employee.
Yes, because their demons!
Why are you talking over everything? Talk, then play the videos
Theyre cutting hours at work or sending people home earlier but so much work to be done before and after closing which is confusing. Aside from that i am investing and putting my money in HYSA that grows due to higher rates. These are for emergencies and spending money aside from just a typical paycheck to paycheck. It's too damn expensive nowadays. Some family members say why don't you get a higher paying job that has to do with what you 'studied' for. Um...where the hell is that? Because if it's true i want to know but so would the rest of the world.
There is clearly 2 different economies in the US right now. Anyone with a house locked in before 2020 and no student debt and no day care bills is living a completely different reality than let’s say someone who’s 35 who signed a mortgage in like 2018 or so, and dosent have super young kids. I think of my life when I was 20, that was 20 years ago and I don’t think I would have made it. Sucks to be a young person in this country
I don’t gaf about those young people, the scum aligned themselves with BLM, a terrorist organization!
😂🤣😂 Nahh, people thought it was cute to Quiet Quit. Now these jobs are Loudly Firing. Plus this is a recession. If people weren't so obsessed with TikTok , they would have known, this was gonna happen a year and 3 months ago.
I mean most of the people that quit quit where people that could afford to. Also poverty wages… so the gap in employment didn’t make much of a difference while job hunting.
Besides poverty wages, no more benefits, and the rising cost of living…. corporations are stealing peoples wages for a few CEOs on top and are under-hiring intentionally, so they can overwork smaller teams/workers with ever stagnating wages. Also child labor is legal again in several red-states to…… and American corporations are invested in sweatshop labor overseas. So it’s a whole shit show. But enter in millionaires and billionaires with the “American dream myth” and gaslighting the working-poor.
😂😂lol not the quiet quitting and loud firing 🤣🤣🤣
Yeap if you look at job posting these days they want one person to perform 3 people’s role with one person’s pay
@@Deeafricanperspective Truth! My retail outlet hasn't been hiring enough people. What happens is you'll show up to your shift and then you're given the work that should belong to other employees. If you're assigned one section of the store? It doesn't matter, you also have to look after 1-3 other sections. 1-3 times as much work; cleanup, go-backs, customer service, but no extra pay and the same hours as usual.
Whew! A lot of employed people are looking too. I got a new job that I began this year starting 1/16 (started looking late October 2023 (accepted 1 of my 3 offers early December 2023)) and quite a few other employed former co-workers were looking last yr around the same time. All of us began new jobs between mid-Dec to early February. edit: it was wild seeing upwards of 500+ applicants per everything I applied to and I think it's 50/50 employed and unemployed folks searching.
Severance is hiding a ton. Over 20,000 layoffs at MSFT and Google are currently on 3-9 month severances. Just wait til September then we'll see the UE numbers go up to 6%.
I worry to loose job all days long for years when once I was into car accident while work trip and they just get rid of me. I have 2 masters and 10 years exp and I couldn’t find a job for 1,5year. Not even cleaning or some at kitchen job. I was devastated, I starved for says. It was on 2017 before pandemic. Since then I worry all the time ! 😮 and try to find a second job as my safety net. I just don’t know when I am going to sleep because I already don’t have life and strength to do anything. I don’t have a husband nor any family , friends so literally no one to help me in case of layoff
I dont enjoy CNBC's coverage of economic stuff. It always feels like theyre tiptoeing around how it affects average citizens. Pointing out it goes well for tech big wigs and not saying a word about how it will effect the working class rubs me the wrong way
I pretty much just stop listening to them because they only care about the professional jobs and Us blue collar workers are left out. Like bro sorry I didn’t get a fancy degree but I still am a citizen that’s trying to put food on a table
The first one is because the company does not want to have to pay their retirement or pay for their benefits along with the fact that companies are scared and they are holding back and yes they are letting people go they are figuring out that it is more lucrative for them to hire in the form of contract instead of hiring permanent And for what they're paying these people that are tenured they can actually hire 2 or 3 people at half the cost
I know its gonna get worse all the illegal immigrants coming. And they're trying to pass a bill to where they can now buy homes. Which begs the question how can they even make the money to get a home I've been at my job 4 years credit score at the time was 640. I worked with3 companies that came up with bullshit to not approve me for home loans.
The information about illegals can buy a house
It’s those that have paid taxes for years and years
And if it passes
They have to prove to a bank they can pay back their mortgage
Read the whole story
The truth
And it’s not just for illegals who have worked and lived in the USA for decades and paid in taxes just like anyone else does
California said
They will give 20 percent to help those who have lived and paid taxes for decades to buy a home
I have 7 years of experience in my field and the last job i interviewed for only paid $22 🤦🏼♀️ film & tv / sports industry
"You've done a very good job! Keep it up! But the board had decided that your position is redundant so we have to fire you. Sorry and good luck job-hunting."
Stay away from debt
Try to buy a home where one person’s income can pay the mortgage
Pay off the mortgage as fast as possible.
In the words of the old guy at my tech job “don’t trust the company”
Im so sorry to hear this . I have been in Healthcare IT worked two jobs for the better part of last 4 years. Years ago I was dealing with a finicky employer. All my friends laughed at me why you work so much I was working two jobs. You will never be secure but continue to do your best . I had much advanced degrees but learned a blue collar trade just in case . All you have is you .
Learn accounting, machinist, electrician cert, scrub tech etc. it's hard you will be exhausted but you are in a better position
Telling people to have two jobs and learn a third skill is not sustainable or helpful advice for an entire economy. It's a measure of the economy's failure.
@@matthewcaldwell8100
And what solutions or suggestions did you provide. I didn't see anything in your response. We do what we must . I never said it was long term.
I was laid off at the end of June. I filled out numerous applications. Interviews that went no where after taking them and going through the hassle of them. Finally, a job took a chance on me a whole month later.
Imagine waiting on God to act and to pay your bills....imagine... because an active imagination is the kind of mentality you have to have to keep yourself in such an insecure financial downward spiral.
Hes not gonna hand you the money but the health to get yout ass up and go find a new job
She said they are applying for jobs so they are doing something
@@abegailmagadlela So then we aren't "waiting for God" then. I don't understand why people say stupid shit like that.
@@germanyharris7740because it’s an excuse to be lazy and not take personal responsibility for their actions
Most of these people don't have an actual trade, something the world needs, silly tech jobs are not useless hobbies
The lady with the 2 year old should have a man where is the father. Ladies smarten up!
Did it ever occur to you that he may not have wanted anything to do with them; he could be a terrible person; he could be dead, etc. People like you who think having a man is the answer is soo annoying. You should be asking where is her support system? Does she have any family or friends to help her out?
@@arain764niarabut her family and friends didn’t knock her up… It’s normal to ask where the child’s father is. She didn’t need her support system to get pregnant. It’s not judging. She just asked an important question.
@@iamme7664 She ended with smarten up. It is most definitely judgement. My mom adopted 4 kids in our family and it took all of us to help. Maybe its my generation but we do it for the kids.
What is she's divorced or widowed or he's a deadbeat? No level of smart can save you from a man who ain't there. It's better to tell women to have multiple streams of income instead. Because life be lifing.
Maybe he was abusive? Maybe you should smarten up and not judge others.
My company just laid off 12% of employees since December.
GenX here, you take what you can get to survive. That means doing things you never thought you would be doing such as working at a gas station or factory, even after all those master degrees and college you went through. Can’t be picky. You’ll be homeless and hungry.
I think a lot of jobs are afraid to higher ppl with degrees because the degree was used as an argument to get higher wages. And owners have the privilege of deciding wages, if they dont want to entertain someone who wants to ask for a wage increase. And on top of that they'll waste your time, energy, and gas money just to call you to an interview they have no intention of hiring for
Layoffs are tough on everyone. The lady right around 3 minutes in, sounds like her leadership was suddenly put in a tough position within hours of praising her. You were lumped into a savings cost adjustment for the company, and even if you ARE valuable and great - they cannot change what someone above them has decided. Its really tough to see that and see her so hurt by something completely out of her leaderships control. (Of course this is just speculation and an opinion)
Yes unfortunately. It tells me that the decision was above their head.
The last Bls report showed a significant increase of WARN notices.
Moral of the story, stop getting masters degrees
stop interrupting the video. it’s irritating
How many saved money for just this thing? 3-6 months of pay in an emergency fund? Anybody?
You can never save quite enough something always manages to wipe it out completely
What do you do when there’s always an emergency? People will save but a car who’ll stop working,child will get sick.
If you work in Mexico you should of have alot of money saved.You messed up 😮
To get to a 2% inflation rate, unemployment will need to rise. Jerome Powell said 2% is the goal!
Meaningful channel. I have my notifications on. Channel is real!
For the first video, genuine question: how does finding a new job help if we don’t know who’s going to do the layoffs? If you leave a job that may not being doing layoffs for a job that shuts its doors the next day, that would suck! I think the safer bet would be to keep an updated resume and always keep a second side hustle. Not having your eggs all in one basket
Bro everyone is selling a course. It's so annoying
They are trying to get people back to working fast food and retail
Even those jobs are hard to get now. And if you do get one, there’s a good chance you’ll have unpredictable hours, and certainly won’t be able to pay bills.
No that was during the pandemic. Right now McDonald’s, Starbucks, Pizza Hut all are reporting massive downturn in sales. McDonald’s expressed concern low income households cannot even afford a cheap burger. They are all going to lay off thousands of workers & close hundreds of stores. Even Dollar Tree is going bankrupt. Macys, multitude of clothing stores. No one has disposable income anymore. This has all been reported in the mainstream media over the last 6 months
Worst jobs ever for your mental health, the environment and don't get.paid shit
The girls doing "a day in the life of a tech worker" all got laid off =/. Chat GPT for resumes these days
I feel so, so sorry for people who are working so hard for so little. I am so fortunate to have my job.
9-5 is not enough? So what else should I rely on????😮
Layoffs in IT ????
"We're not going to fire anyone because we don't know if we can hire anyone." How can we get there again?
Fed Ex and UPS knew Christmas is their steak, potatoes bread and butter. They said whatever to get their workers back to work. Once Christmas deliveries ended they layoff 10% of the force then another 5%. When engineers, I.T techs and white collar jobs are layoff without notice. Its bad. Now Walmart, Target and other corporations we are not asking for degrees to hire people which mean we want to pay you $15-25 whether you have a GED or a Bachelor degree. Jobs are crunching down on employees worki g second or three jobs. They want you to do the work of two jobs but wont increase your salary or bonus.
The military and law enforcement are hiring!
And healthcare.
of course, you don't have to pay if you kill your workforce.
Having to say gods got it is a tough pill to swallow these days
Anyone here got lay off recently?
I'm getting really tired of people using economic volatility as a reason to plug their crappy grindset courses or lecture you about not having several other jobs already. It's like a woman explaining why she needed to be hit because she's so clumsy, just the rationalization of appalling treatment.
Just watch the 60 minutes with je r ome powell. The answers are right there
I have lived through this before in the Carter years. I have been telling people since Biden took office.
I was laid off and they denied my unemployment stating I quit. How did i quit with 40 to 50 other ppl ?? 🤔
Appeal the decision. Did you get it in writing? Make an in person appointment at local DOL office to fix the situation
Matrix people. Wake up
NO SUCH THING AS MATRIX
WAKE UP!
You are mentally ill!
Lol white collar jobs 😂
Go apply for a blue collar job. You’ll get hired within days and never lose your job.
It depends on where you work. I am already overextended and we need more people, but they refuse to hire any. They can't afford to let us go.
@@misspriss2482 then the company you work for is cheap. My husband is a truck driver for a concrete company out here in Colorado. They hired 3 people when they hired him last year in October and since then he has received 2 raises already.
Facts. I work in restaurant management and my income has been rising nonstop since 2020. Tech bubble is over, AI is here, ppl need to find real jobs that require humans.
@@user-mb8rf7qk5q the problem with that is that the majority of men these days are betas, and they don’t like working with their hands anymore. They just want to sit on their ass all day.
It is supply and demand. If everyone starts going in to the trades, then the same will happen in the trades. Right now people are not looking at trades so things are good for the blue collars.
UPS layoff's were mostly managerial/ adminstration, not drivers or essentials to perform the job.
“I have to get a work from home job” good luck
I’m quit sure you will find my roommate with a 4 year degree doing phone work she calling restaurants companies
to pay their pest control bill sit home all day she has gotten so lazy she doesn’t bath plus she has a drinking problem yes I put up with it she pays her rent.
Those jobs are tech jobs
Not all. I don't work in tech but I do work under fed/gov't employment though but non-tech.
Maybe replacing the jobs with AI?
22:17 "Im not sure what WA is..." Chile... And these folks have bachelors and masters degrees.
Life is wonderful, say it say it say it
2 week notice isn't a law.
Prepare the moment u get a job because it will eventually come, let them lay u off and get ur unemployment
Tenured friend? Are they teachers in a school.
Tech a bad trade and AI taking over
Go to trade school learn essential skills.. blue collar..as long there are people living and breathing then trade skills are essential..
Seriously, just shut up. I am so tired of people shrugging and saying "trades" as if they are any less fucked in the long term by an employment paradigm that considers worker abuse the norm.
@@matthewcaldwell8100 if I'm sharing advice it's cause it's to help people so don't tell me to shut up cause the difference with the trades is it doesn't get you into debt and if you are smart enough you can run your own business by yourself.. by the way you sound miserable and broke also you sound like you can't do anything for yourself..
Good PayPal employees are useless
How the fuck would you know?
These jobs better learn from covid
Bidenomics is working so well.
This is happening all over the world 🌎
Biden is not the President of the world
Educate yourself
Did yall voted for biden...lmao...#BIDENOMICS
People also lost their jobs under Trump. The American economy is sh:tty and seems to cover the wealthiest so this is dumb.
@@TTHeavensentnot like now
Tech industry don’t complain. Especially software developers. You created the software so don’t whine about it now. You literally programmed yourselves out of a job.
😅 yes they did, like how did they not see it happening? 2+2=4
@@MercedesAshleyOnlineI’m a software developer. This isnt really how it works 😂. Most software that is developed has absolutely nothing to do with AI. Be respectful these are people lives you’re talking about
Also remember that these same tech workers would scoff at the lesser skilled essential workers and boasted about how they would be automated. Told them to get better skills or a stem degree and didn’t care about workers rights since a lot of them were making good money. Suddenly now that there’s layoffs the narrative has shifted.
@@eddielacrosse2Is the job worth it though?, I'm studying coding now, trying to find an internship or something
@@eddielacrosse2they are so dam clueless😂